Plz Advice

ishanka · 1 Plz Advice Wed Sep 07, 2011 4:38 pm

ishanka

Stock Trader

Posts : 6
Equity Stars : 4920
Reputation : 0
Join date : 2011-06-17
Age : 36
Location : Colombo

Hi
i'm a new one for this field.i want buy some shares.but don't know how to decide that in this bad situation in the market.Plz advise me some one. Neutral

asigiriyage · 2 Re: Plz Advice Wed Sep 07, 2011 4:56 pm

asigiriyage

Manager - Equity Analytics

Posts : 108
Equity Stars : 5174
Reputation : 5
Join date : 2011-02-28

this is not comfetable field we have to learn lot staudy study and study dont jump

sperera · 3 Re: Plz Advice Wed Sep 07, 2011 5:03 pm

sperera

Equity Analytic

Posts : 34
Equity Stars : 4951
Reputation : 3
Join date : 2011-06-21

There is no bad situation. The market is good these days. You have two ways of deciding to buy stocks.

1. Fundamental Analysis - You can look at each company's Financial Statements and if they perform well according to your measures you can buy them if the stocks are undervalued.

2. Technical Analysis - You can look at the price movement of the stocks and identify the trends. Furthermore you can use indicators such as Parabolic SAR, MACD, Bollinger Bands etc to determine which stocks to buy.

You can choose what ever the method or a mixed method like most of us do. Hope this dropped some light on you.

=)

sriranga · 4 Plz Advice Wed Sep 07, 2011 6:50 pm

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23227
Reputation : 2855
Join date : 2011-02-01
Location : London

If I understood your bad situation as the recession which is going all over the world right now, then read the following quote.

Recessions bring opportunity.......................
1933. 1953. 1982. 1990. 2002. 2009.
Two things are special about these years. They were the peak of recessions, and they were some of the best buying opportunities of all time.
And it's not just stock opportunities. Recessions force businesses to think critically about strategy. They shake out weak companies and make room for true leaders. They push unemployed people to become entrepreneurs. They force consumers to shed debt. It's not a stretch to say most of what makes today's economy great has roots in a past recession. They are the true meaning of a necessary evil.

If you think about the prevailing situation in CSE, please stick to the fundamental for the time being. Get more experience to start to do trading.
Money won't come to us easily as others told, need hard working and bit of luck.

dewminigamlath · 5 Re: Plz Advice Wed Sep 07, 2011 6:59 pm

dewminigamlath

Manager - Equity Analytics

Posts : 126
Equity Stars : 5107
Reputation : 18
Join date : 2011-06-12
Age : 37
Location : Yakkala

Welcome to CSE...! And I don't really think this is a bad situation. The so-called "Super September" has come and the market is 'apparently' on the rise.

Still, there are a number of undervalued counters with good potential. And also, there are a set of counters which, from nowhere, suddenly begin to skyrocket. So think wisely and invest in CSE. Happy trading...!